Business Succession Planning

Family-owned businesses often look to provide for the eventual passage of ownership to a relative or the next generation, and small business owners are, in general, similarly concerned about planning for a smooth transition of management at some point down the road. Whether change is precipitated by a planned retirement or an unpredictable life event such as illness, disability or death, our attorneys can assist business owners with developing an appropriate strategic business succession plan which takes into account the relevant estate and income tax implications.